CloudMD Software & Services Inc V.DOC

Alternate Symbol(s): DOCRF

Healthcare Software - Application

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.

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CloudMD Software & Services Inc > Q4

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Comment by madmax240kphon May 03, 2022 9:19am

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Post# 34650570

RE:RE:Q4

So part of the one time !5 million loss would be attributed to the 4 million Vision Pro fiasco with it's suppliers, which is still being sorted out.

Net comprehensive loss attributable to equity holders of the Company in Q4 2021 was $15.1 million or $0.06 per share, compared to a loss of $4.2 million or $0.02 per share in Q3 2021 and a loss of $5.2 million or $0.04 per share in Q4 2020. The larger loss per share was driven by an impairment of goodwill and other non-recurring one-time costs.

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